16Keeping Bidders Records—the Act, ss 68 and 104

#### 16 Keeping Bidders Records—the Act, ss 68 and 104 16 Keeping Bidders Records—the Act, ss 68 and 104 > > (1) A licensee who acts on the sale of property by auction must make and keep as part of the records the licensee is required to make by the Act, section 104, a record of the following in relation to the licensee who made the Bidders Record for the auction— > > > > > (a) the name of the licensee, > > > > > (b) the business address of the licensee, > > > > > (c) licence number of the licensee. > > > (2) If a licensee keeps a Bidders Record in electronic form, the licensee must also keep, as part of the licensee’s records about the auction sales to which the Bidders Record relates, a record of details to enable the Bidders Record to be located and accessed in the licensee’s electronic records.